...l case study entitled “Will WeWork Work?,” quickly published a savage revision called “Why WeWork Won’t.” The IPO was yanked at the end of September, leaving WeWork without the funding it needed to survive past November....

...iled for bankruptcy protection last month. Among SoftBank-backed startups, at least six that have pushed back IPO plans to 2021, including BigCommerce, which powers e-commerce sites for the likes of Toyota Motor Corp <72...

... WeWork is suing SoftBank after SoftBank withdrew its $3 billion tender offer, the company announced Tuesday. WeWork is claiming that SoftBank breached its obligations under their agreement. WeWork alleges SoftBank breac...

...ousted co-founder Adam Neumann, had been agreed in October as part of bailout plan by SoftBank after WeWork's IPO plans flopped. Investors had been concerned about its losses and a business model that involves taking lon...

...nces from unicorn darlings Uber and Lyft as well as WeWork's aborted IPO. Still, it seems WeWork's disastrous IPO process has provided some valuable lessons. Before the WeWorkIPO fiasco, Casper had intended to pursue a ...

..., +6.33% and WeWork, which was taken over by SoftBank this fall and forced to shelve its IPO plans. For more: WeWork is a symptom of a disease that may not have a cure The reckoning for “decacorn” names offers some lesso...

...utiny of its financials and leadership slashed its valuation in half and put the IPO on ice. SoftBank, one of WeWork's primary investors, eventually offered a $9.5 billion package for majority ownership in the company. T...

...The comments come after JPMorgan played a lead role in the office-leasing giant's attempted listing. For more WeWork news, click here. JPMorgan CEO Jamie Dimon said everybody involved in WeWork's failed initial public of...

...ew York real-estate startup once valued at $47 billion, ousted its CEO and cofounder Adam Neumann after a pre-IPO filing revealed an ownership structure heavily tilted toward Neumann and his wife and an unusually large n...

...g the IPO. This summer, it also began calling out directors who were on boards of companies at the time of an IPO that had unequal voting rights and no “sunset provision” on the multi-class structure. Such share arrangem...

...rs, and various business stakeholders have been severely harmed. According to the August 14, 2019, S1, WeWorkIPO prospectus, the company was valued at $47 billion in its last private placement, with Softbank being its l...

...-sharing startup was fighting to stay afloat after its IPO failed and Neumann stepped down as CEO last month. WeWork's board was reportedly also weighing a buyout from JP Morgan this week, Business Insider reported. Soft...

...t WeWork’s business model and corporate governance, Neumann stepped down as CEO and the company cancelled its IPO in late September. WeWork has desperately been trying to save its business and raise cash since, with Soft...

...s, and heaven help you if you don’t deliver. That truth was evident recently when the much-anticipated WeWorkIPO tanked and its CEO was shown the door — joining at least half-a-dozen other CEOs who had incorporated purp...

...and office—cleaning services, according to The Information. Read more: WeWork is hitting the brakes after its IPO went up in smoke — and landlords could pay the price Read more: 'The emperor has no clothes': Billionaire ...

...t week as co-chief executive officers of WeWork parent We Co., said in a note to staff Monday. “Rest assured, WeWork will become a public company, but we can only IPO once and we want to do it right.” The withdrawal ends...

...l Business Insider.
And Softbank, WeWork's biggest backer, is sure to play a big role in the coming drama...
WeWork's catastrophic attempt at an IPO has reportedly caused the seven-person board to consider firing founde...

...td. in reference to the fortune he made from investing in Jack Ma’s Chinese e-commerce giant. It wasn’t until WeWork filed its IPO prospectus in August that the rest of the world saw in clear daylight what SoftBank’s com...

...erest, and a lack of investor interest led the company to postpone its IPO plans until later this year. Read: WeWork just shelved its IPO. Here's why the spectacular fiasco was fated from the start. Neumann retains a str...

... including complaints over a deal under which the company paid Neumann $5.9 million for use of the word "We."
WeWork's board of directors includes former officials at Coach, Goldman Sachs, and Uber, along with top privat...

...al lease to WeWork. Mr. Neumann, the CEO, is said to hold personal ownership positions in buildings leased by WeWork. Several senior WeWork executive positions are reportedly held by Neumann family members or friends. A ...